Renewabl, a London-based climate-tech software company, raised £1.1 million in pre-seed funding. The investment round was led by South Pole, QVentures (which invested in CareerPaths, AllotMe, and CloudNC), and Portfolion with participation from Syndicate Room and a number of strategic angels.
The London startup intends to use the funds to further develop its hourly-matched renewable energy certificate platform in preparation for European rollout.
Juan Pablo Cerda, CEO and Founder said: “We are excited to get started and solve a
pressing issue around greenwashing and questions that a lot of the corporate sector are
asking right now: where do my certificates come from? will they count towards my
sustainability targets? are they impactful? Can they be matched to my exact consumption?
This is why Renewabl was born.”
Harveer Bharaj, Principal at QVentures commented: “As corporate commitment to renewable
energy grows and government initiatives like CDP and RE100 take effect, verifying energy
origin and timing become crucial. Renewabl’s 24/7 energy platform makes this accessible for all, and we’re excited to support Juan Pablo and Nikolaj as they revolutionize energy provenance for companies.”
Helps companies meet decarbonisation targets
Renewabl is a dynamic climate tech software company spearheaded by Juan Pablo Cerda and Nikolaj Martyniuk, is revolutionising the way companies achieve their decarbonisation goals. The innovative platform facilitates swift and secure attainment of decarbonisation targets by directly matching clean energy certificates from authentic wind and solar farms on a 24/7 basis.
Operating across the UK and Europe, Renewabl enables organisations to access hourly-matched certificates derived from hydrogen, hydro, wind, and solar assets. Leveraging cutting-edge technology and industry expertise, the platform offers a timestamped and traceable solution, ensuring the origin of certificates and compliance with initiatives like CDP and RE100.
With nearly all of the world’s top 250 companies (G250) actively pursuing sustainability objectives and seeking ways to reduce their scope 1, 2, and 3 emissions, Renewabl emerges as an indispensable tool. It empowers companies to attain their sustainability targets while gaining comprehensive insights into the provenance of their energy certificates.
The UK-based startup is at the forefront of the drive towards a cleaner and more sustainable future, empowering businesses to navigate the complexities of decarbonisation with confidence and efficiency.
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